# Devo Technology Inc.

Devo Technology Inc. is a Cybersecurity based in Cambridge, United States.

## Overview

- **Organization type:** Cybersecurity
- **Headquarters:** Cambridge, United States
- **Region:** North America
- **Address:** Cambridge, MA, United States
- **Founded:** 2011
- **Assets under management:** Undisclosed
- **Website:** devo.com
- **LinkedIn:** https://www.linkedin.com/company/devo-technology

## Regulatory record

- **Reports private funds:** No

## About

Devo Technology was founded in 2011 by brothers Marcello and Gustavo Palladino in Cambridge, Massachusetts, originally as a big-data analytics tool before pivoting to cybersecurity. The company focuses on security information and event management (SIEM), using a cloud-native architecture to process massive volumes of machine data for threat detection and incident response. Devo's platform targets large enterprises and managed security service providers (MSSPs), competing with Splunk, Microsoft Sentinel, and CrowdStrike. The company has closed multiple funding rounds, including a $100M Series F in 2021 led by Insight Partners, bringing total disclosed venture funding past $400M. Devo's customer base spans North America, Europe, and parts of Asia, with named clients including major financial institutions and global retailers. As of 2025, Devo employed roughly 600 people, with additional offices in London, Madrid, and Austin, Texas. The company maintains a formal partnership with Google Cloud for data ingestion and analytics. In October 2023, Devo launched a new AI-powered threat detection module, Devo AI, to automate alert triage and reduce false positives (per the firm, October 2023). Devo's structural differentiator is its cloud-native architecture built on a custom data lake, which allows it to index and search petabytes of data without the licensing costs or management overhead of on-premise SIEM appliances. This model aligns with enterprise migration to cloud infrastructure, positioning Devo as a pure-play modernization option in security analytics."

## Sectors

- Cybersecurity
- Enterprise Software
- AI/ML
- Data Analytics

## People

- Marcello Palladino — Co-founder and Chief Technology Officer
- Gustavo Palladino — Co-founder
- Marc van Zadelhoff — Chief Executive Officer

## Questions

### What investment stages does Devo Technology target?

Devo Technology is a venture-backed cybersecurity company, not an investment firm. It engages in equity funding rounds from institutional VCs such as Insight Partners, Georgian, and Bessemer Venture Partners, primarily at growth-stage (Series A through Series F).

### How does Devo source its funding?

Devo raises capital from venture capital firms, not from family offices or allocators as a managed investment vehicle. Its largest known backer is Insight Partners, which led the 2021 Series F round (per public funding announcements).

### What sectors does Devo focus on?

Devo's platform is used by organizations in finance, retail, healthcare, and government — any sector requiring real-time security monitoring and log management at scale. Its technology is sector-agnostic, though heavily focused on regulated industries.

## Related profiles

- [Acera Insurance Services Ltd.](https://altss.com/profile/acera-insurance-services-ltd)
- [Enbridge Inc](https://altss.com/profile/enbridge-inc)

---

Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/devo-technology-inc

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology